@Joshua Simms Once you go through the experience of purchasing a home you'll realize how simple it is.

I understand that a simple Google search can point me in a direction, but I'd like some REAL advice from some REAL investors.

It sounds so very simple until you're actually there.

Looking to create a simple legal document for a loan between family members for a real estate transaction. 

I don't get why people can do the simple thing like give proper notice (or change air filters). 

The questions appears to be focused on the equity side of the equation, while Christopher response was focusing on the implementation side of things.The simple answer is, there is no way to get a cost estimate based upon what you asked. 

I am in an equity capture expensive market, you in MI are obviously in a CF market. 

this is super simple.. 

It has increased about 150k in value and I have captured depreciation on it for 8 years.

Simple and easy are different worlds, and real estate investing is simple, but not easy.